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Angle Protocol has announced the launch of USDA, its new USD stablecoin, designed to offer a range of financial solutions including a savings option, liquidity comparable to USDC, anti-depegging mechanisms, and borrow/leverage features. This initiative, aimed at enhancing onchain forex trading, is supported by a partnership with BackedFi, leveraging yield powered by bTokens. The stablecoin has been praised for its sophisticated design by industry insiders, highlighting Angle Protocol's position in the DeFi space. Additionally, USDA has been made accessible on 13 different chains through LayerZero, marking a significant step in its availability and utility in the cryptocurrency market.
🚀 Exciting times ahead! Dive into the Pre-Market with @thena_labs $ENA and witness the birth of the first yield-bearing stablecoin on #Ethereum! Check it out on @KuCoinPreMarket platform now! https://t.co/mkcm541iua More details here⤵️
Congratulations to @AngleProtocol for launching USDA. The dollar-pegged stablecoin is now accessible on 13 chains through LayerZero. https://t.co/hJzANhoXEq
Probably one of the best teams in the DeFi space, now releasing one of the most sophisticated and elaborate USD stablecoins. Keep up the great work @AngleProtocol 🙏 https://t.co/G6J6zlTLiv
